Decision Making

Decision Making

Multiple Choice

Decisions are often madeat all of the following levels except which one?

• Shop floor

• Tactical

• Operational

• Strategic

Multiple Choice

Information should have four maian features. Which of the following is NOT one of them?

• Realistic

• Accurate

• Cost effective

• Relevant

Open Ended

State in your own words the significance of qualitative VS quatitative decision making.

Multiple Choice

Which stage of the decision making process involves asessment of the decisions taked and the level of success by matching objectives to outcome?

• Definition of Problem

• Developing alternatives

• Evaluation

• Analysis of Alternatives

v

Multiple Choice

Cost push inflation is influenced by ALL of the followig EXCEPT which one?

• Profit motive

• Increased demand

• Increased wages

• Inoort prices